Welcome to our dedicated page for FLME.U news (Ticker: FLME.U), a resource for investors and traders seeking the latest updates and insights on FLME.U stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FLME.U's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FLME.U's position in the market.
Flame Acquisition Corp. has priced its initial public offering (IPO) at $10.00 per unit, consisting of one share of Class A common stock and half a warrant to purchase an additional share at $11.50. This offering includes 25 million units, expected to list on NYSE under the symbol 'FLME.U' on February 25, 2021. The IPO is expected to close on March 1, 2021, contingent on standard conditions. Underwriters have a 45-day option for an additional 3.75 million units. The funds raised will support the company's aim to merge with a business in North America's energy sector.
